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...most glaring case was Saudi Industrialist Ghaith Pharaon's ploy to hook up with the Georgia good-ole-boy network. The Saudi financier bought from President Carter's former Budget Director and confidant Bert Lance most of his shares in the National Bank of Georgia for $2.4 million, a price far above the market value; other Arab moneymen reportedly arranged a loan for Lance of about $3.5 million. In another case, a group of Arabs, led by a shadowy sheik named Kamal Adham, the former chief of Saudi internal intelligence, touched off a confusing imbroglio in Washington...

Author: /time Magazine | Title: Business: Bankers in Burnooses | 7/14/1980 | See Source »

...network $90 million a year in advertising revenues. It does come as some surprise, however, that the mere mention of Host Carson's name can also affect the stock market. Last week a few of Carson's friends and relatives were caught in an embarrassing, illegal stock ploy to capitalize on inside information about the entertainer's participation in a Las Vegas casino deal...

Author: /time Magazine | Title: Business: Aladdin's Rub | 7/14/1980 | See Source »

...give the operators time to act, the State Department has installed heavy steel doors that can be slid into place to block the stairways to the upper floors of embassies, where the code rooms are located. Another new security ploy: nozzles in the corridors that at the push of a button spew tear or nausea gas on invaders...

Author: /time Magazine | Title: Nation: Wipe Out | 6/30/1980 | See Source »

...Egyptian leader declared that the Knesset had, almost covertly, passed a bill affirming that Jerusalem will forever remain undivided as Israel's capital. Sadat interpreted the measure as an Israeli ploy to keep the subject of Jerusalem's future out of the talks, even though the predominantly Arab eastern sector of the city was occupied by the Israelis, along with the West Bank and Gaza, during the 1967 Six-Day War. Declared Egypt's Minister of State for Foreign Affairs, Boutros Ghali: "The fact that Israel passes such a law shows that the will to find...

Author: /time Magazine | Title: MIDDLE EAST: Sadat Changes Course | 5/26/1980 | See Source »

...case under question, the court upheld the conviction of a man who, his lawyers argued, had been the victim of a police ploy to get him to incriminate himself. The defendant, Thomas J. Innis, was picked up by Providence police several days after he killed a cab driver with a shotgun, which he subsequently hid. On the way to the station house, one patrolman remarked to his companion about the handicapped children at a school near the arrest site: "God forbid one of them might find a weapon with shells and they might hurt themselves." Innis spoke up and directed...

Author: /time Magazine | Title: Law: Rights Ruling | 5/26/1980 | See Source »

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